Displaying 21 - 30 of 851

What Economists Are Not—And Shouldn’t Try to Be

Austrian Economics OverviewEntrepreneurshipInterventionism

Economists should not “design the tap” or “lay the pipes” for government intervention.

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Moral Hazard: Kenneth Arrow vs. Frank Knight and the Austrians

EntrepreneurshipInterventionismOther Schools of Thought

Rather than impartial referees reducing moral hazard, governments are its most common cause.

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NFL Free Agency and the Market Process

Free MarketsEntrepreneurshipPrices

Any serious analysis of the NFL is incomplete without a sound understanding of basic economics.

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Universities and Innovation


Theory and evidence suggest that government attempts to stimulate entrepreneurship and innovation are unlikely to be successful — for many reasons.

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How Governments Destroy Consumer Sovereignty

Calculation and KnowledgeEntrepreneurshipInterventionismPrices

The entrepreneur's job is to shape his whole enterprise around consumer wants. Unfortunately, governments often get in the way.

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How Government Regulation Makes Us Poorer

Taxes and SpendingEntrepreneurshipPolitical Theory


What hurts workers — and keeps them poor — is government regulation, which restricts competition.

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Entrepreneurship is the Key to Immigration

The Police StateCalculation and KnowledgeEntrepreneurship


Defenders of free markets give entrepreneurs their full confidence in virtually every area of society, so why not immigration?

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The McRib and Economic Calculation



Why does McDonald's offer the McRib sometimes, but not all of the time?

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